TAG: "Milestone Extension Charge"
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CERC Introduces Structured MEC Mechanism for Delayed GNA Milestones
Central Electricity Regulatory Commission has finalised a GNA milestone extension mechanism, allowing eligible projects additional time against MECs of INR 1,000/MW/day for land (up to 3 months) and financial closure (up to 6 months), and INR 3,000/MW/day for COD (up to 12 months), rising to INR 6,000/MW/day in months 10–12.
Milestone Extension Charge | August 17, 2026 | By Mrinmoy Dey | 337
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